4182006
Description
Mind Map by nurul atira, updated more than 1 year ago
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Created by nurul atira
almost 9 years ago
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INTRODUCTION TO TECHNOLOGY
ENTREPRENEURSHIP
- definition
- Entrepreneurship can be defined as the
identification, evaluation and exploitation of
previously unexploited opportunities.
- Entrepreneurship can be defined as the
identification, evaluation and exploitation of
previously unexploited opportunities.
- Key Dimension
- Risk
- Creativity & innovation
- Opportunity exploitation
- Pro-activeness
- Risk
- Entrepreneurial Process
- encompasses all the cognitive (thinking) and
behavioral (action) steps from the initial
emergence of a rough business idea until the
creation of a new business venture or the
process is terminated.
- Key Phases
- The idea generation or
idea discovery phase
- The idea evaluation and
development phase
- The idea exploitation phase
- The idea generation or
idea discovery phase
- encompasses all the cognitive (thinking) and
behavioral (action) steps from the initial
emergence of a rough business idea until the
creation of a new business venture or the
process is terminated.
- The Role of Entrepreneurship
- The Economic Inputs
- Natural capital
- Financial capital
- Intellectual capital
- Human capital
- Organizational capital
- Social capital
- Human capital
- Natural capital
- The Economic Outputs
- The beneficial outputs
- undesired inefficiencies and waste outputs
- The beneficial outputs
- The Economic Inputs
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